Introduction to the Oil & Gas Industry
Course Duration (2 days)
Course Objectives
This wide-ranging and practical industry overview covers each key phase of the exploration and production industry.
It offers oil and gas professionals the opportunity to gain a technical and commercial understanding of the industry fundamentals.
What will be taught?
The scientific origins of oil and gas
The commercial issues underpinning hydrocarbon exploration and development
The role of government and its agencies
Oil and gas terminology
The technological process of exploration
The technological process of drilling
The technological process of production
The challenges of decommissioning
Who Should Attend?
This course is extremely popular with personnel from all sectors of the oil and gas industry – government agencies, authorities, operators, contractors and service companies. It is especially valuable for newcomers to the industry and non-technical personnel working in areas like HR, finance, IT, contracts and administration who feel they could benefit from gaining a wider appreciation of the “big picture”.
Course Content Summary
Petroleum geology – the origins of hydrocarbons
• The formation of petroleum
• Oil and gas reservoirs
• Reservoir rock and fluid properties
World energy supply and demand
• Oil and gas supply and demand
• Classification of reserves
• Oil pricing and market issues
• Non conventional oil, gas and renewables
Ownership and exploitation of reserves
• Licensing/concessions
• Joint-venture agreements
• Production-sharing contracts
Exploration and appraisal
• Geological and commercial factors necessary for successful exploration and appraisal
• Seismic surveys
Drilling
• Drilling rigs
• Equipment and processes involved in drilling a well
• Completing a well and preparing it for production
• Horizontal drilling
• Well work over operations
Field development
• Onshore/offshore developments
• Shallow/deep water developments
• Gas field developments
• Aspects of well and facilities design
Petroleum economics
• Field development decision-making
• Key economic indicators and their uses
Health, safety and the environment
- Safety
- The environment
- Petroleum production and treatment
- Reservoir production mechanisms
- Artificial lift systems
- Well stimulation – fracturing, acidizing and sand control
- Production and treatment of reservoir fluids
- Processing the production from oil and gas fields
- Well and facility maintenance
- Reliability-centred maintenance
- Corrosion and how it is controlled
- Transportation of personnel and materials
Decommissioning
• Possible decommissioning solutions
• Scope of decommissioning obligations
Future issues and challenges
• Meeting future energy demand
• Environmental sustainability
• Security of supply